For 2013, new rules enacted under the Patient Protection and Affordable Care Act of 2010 may affect how much you can deduct for medical expenses – or if you can take a medical expense deduction at all. Higher “floor” before you can start taking medical expense deductions Prior to 2013, you could only deduct medical […]

There’s been some confusion as of late surrounding the 2012 W-2 form changes and the purpose behind such a change. The following outlines what’s new, what it means for your 2012 tax return and what it means for you going forward.